Spain

Individual - Significant developments

Last reviewed - 31 December 2019

Over the past 12 months, the following significant reforms have been made to Spanish law on direct taxation of individuals:

  • On 28 December 2019, Royal Decree-Law (RDL) 18/2019, of 27 December 2019, which passed certain tax, rateable value and social security measures, was published in the Official State Gazette. The main measure contained in this regulation that affects individual taxes is the maintenance of Wealth Tax in 2020, extending the temporary scope of application of what was intended to be exceptional a measure for another year. This is the case in spite of the powers that autonomous communities have regarding this tax.